1, stock long and short, stock long and short is the most commonly used strategy of hedge funds, and it is also the biggest management strategy at present. It reduces the risk of market fluctuation by combining long and short positions.

2. One-way short selling, a hedge fund strategy specializing in short selling. The fund looks for overvalued companies in the market, borrows shares of these companies and sells them, waiting for their prices to fall and buying them at low prices to make a profit.

3. Market neutrality. The stock long-short strategy mentioned above did not pay special attention to the relationship between bulls and bears. Therefore, according to the fund manager's judgment on the market, the long-short strategy often leaves some net exposure, and the final income will be related to the market trend to some extent.